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Ekonomické zprávy
31.07.2024

Company news: Starbucks (SBUX) quarterly earnings match analysts' estimates

Starbucks (SBUX) reported Q3 FY2024 earnings of $0.93 per share (versus $1.00 per share in Q3 FY2023), marching analysts’ consensus estimate of $0.93 per share.

The company’s quarterly revenues amounted to $9.114 bln (-0.6% y/y), missing analysts’ consensus estimate of $9.249 bln.

The company also reiterated all of its FY2024 financial targets.

SBUX rose to $78.50 (+3.37%) in pre-market trading.

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